Re-industrialization of the Russian Economyand the Development of Military-industrial complex

Author:

Balashov A.1,Martianova Y.1

Affiliation:

1. National Research University Higher School of Economics (St. Petersburg, Russia)

Abstract

The article analyzes the effectiveness of the budget spending on the develop-ment of military-industrial complex in Russia. The authors assess the impact of re-industrialization policy on the competitiveness of the Russian economy. The research methodology is in the frames of the structural analysis. The Russian defense industry is investigated, basing on the statistics of the federal budget expenditures on national defense, as well as the expertise of government weapons programs. The authors conclude that the implementation of re-industrialization policy will support inefficient industries and sectors instead of eliminating the effect of factors that hinder economic development.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference18 articles.

1. Akindinova N. V., Yasin E. G. (2015). A new stage of economic development in post-Soviet Russia. Report to the XVI April International Academic Conference on Economic and Social Development, April 7—10. Moscow: HSE Publ. (In Russian).

2. Amosov A. (2014). On the economic mechanism of the new industrial development. Ekonomist, No. 2, pp. 3—12. (In Russian).

3. Androfagina M.  N. (2014). The state defense order in the structure of government demand: Current realities and prospects of development. Vestnik Saratovskogo Gosudarstvennogo Sotsialno-ekonomicheskogo Universiteta, No. 4, pp. 9—12. (In Russian).

4. Arbatov A. G., Dworkin V. Z. (2013). Military reform in Russia: Status and prospects. Moscow: Moscow Carnegie Center. (In Russian).

5. Balashov A. I. (2014). The Russian army: Change of model. Mir Rоssii, No. 4, pp. 148—177. (In Russian).

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